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Stock Market & Financial Investment News

News Breaks
August 15, 2014
18:05 EDTNOCNorthrop Grumman awarded $240.7M government contract modification
Northrop Grumman Systems Corp., San Diego, California, has been awarded a $240,653,315 primarily firm-fixed-price modification for FA8620-13-C-3018 for three Block 30M RQ-4B Global Hawk air vehicles, each containing an Enhanced Integrated Sensor Suite and an Airborne Signals Intelligence Payload, plus two additional ASIP sensors as retrofit kits. The total cumulative face value of the contract is $354,870,536. The contract modification is for the definitization of the advance purchase agreement. Work will be performed at San Diego, California, and is expected to be completed by June 30, 2017. Fiscal 2012 aircraft procurement funds in the amount of $240,653,315 are being obligated at time of award. Air Force Life Cycle Management Center/WIG, Wright-Patterson Air Force Base, Ohio is the contracting activity.
News For NOC From The Last 14 Days
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February 27, 2015
17:29 EDTNOCNorthrop Grumman awarded $148.3M government contract
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February 18, 2015
10:05 EDTNOCOn The Fly: Analyst Downgrade Summary
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07:28 EDTNOCNorthrop Grumman downgraded to Market Perform from Outperform at Bernstein
Bernstein downgraded Northrop Grumman to Market Perform citing high valuation. Price target raised to $184 from $177.

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